Pirelli reports USD142.3 million net income for 2016
Sales grow 7% y/y organically
Pirelli has reported a net income of EUR135.1 million (USD142.3 million as on 31 December 2016) for the fiscal year ended 31 December 2016, compared with a net loss of EUR391.4 million in the same period a year ago, says a company press release.
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